For much of its life, the European Parliament could have been justly labelled a 'multi-lingual talking shop'. But this is no longer the case: the EP is now one of the most powerful legislatures in the world both in terms of its legislative and executive oversight powers.

The European parliament has suddenly come into its own. It marks another shift in power between the three central EU institutions. Last week's vote suggests that the directly elected MEPs, in spite of their multitude of ideological, national and historical allegiances, have started to coalesce as a serious and effective EU institution, just as enlargement has greatly complicated negotiations inside both the Council and Commission.